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The Resource A policy analysis of reserve retirement reform, Beth J. Asch, James Hosek, Michael G. Mattock

A policy analysis of reserve retirement reform, Beth J. Asch, James Hosek, Michael G. Mattock

Label
A policy analysis of reserve retirement reform
Title
A policy analysis of reserve retirement reform
Statement of responsibility
Beth J. Asch, James Hosek, Michael G. Mattock
Creator
Contributor
Subject
Genre
Language
eng
Summary
As the burden of defense borne by reserve forces has increased, more attention has been paid to differences between the compensation systems for the reserve and active components. One particular emphasis is on the retirement systems, a key difference being that reserve members who complete 20 years must wait until age 60 to draw benefits whereas active members can draw benefits immediately upon discharge. This monograph compares the reserve and active retirement systems, discusses the importance of structuring compensation to enable flexibility in managing active and reserve manpower, describes how the debate over reserve retirement reform has differed from active component retirement reform debate, and considers obstacles to reform and how they might be overcome. It also provides a quantitative assessment of several past congressional proposals to change the reserve retirement system in terms of their effects on reserve participation and personnel costs, concluding that proposals to reduce the age at which eligible members may begin receiving retirement benefits are not cost-effective means of sustaining or increasing reserve component retention. It also concludes that a menu of member options can be a powerful tool to maintain morale and overcome obstacles to reform. Current members could be given the choice of staying in the current retirement system or joining the new one, and the choice might be offered over a period of time, say five years. New entrants and reentrants with few years of service might be placed under the new system
Member of
http://library.link/vocab/creatorName
Asch, Beth J
Dewey number
331.25/291355370973
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorDate
1961-
http://library.link/vocab/relatedWorkOrContributorName
  • Hosek, James R
  • Mattock, Michael G.
Series statement
Rand Corporation monograph series
http://library.link/vocab/subjectName
  • United States
  • United States
  • Military pensions
Label
A policy analysis of reserve retirement reform, Beth J. Asch, James Hosek, Michael G. Mattock
Instantiates
Publication
Bibliography note
Includes bibliographical references
Contents
Introduction -- Model, data, and estimates -- Analysis of congressional proposals -- Reserve retirement reform: discussion of broader issues -- Reserve retirement in the context of active-duty retirement reform -- Implementation and obstacles to reform -- Policy implications and conclusions -- Appendix A: The reserve and active-duty retirement systems -- Appendix B: The active/reserve dynamic retention model -- Appendix C: Cholesky decomposition and the parameter estimates -- Appendix D: Theory of successful reform
Control code
ocn824672471
Extent
1 online resource
Form of item
online
Isbn
9780833078124
Lccn
2013002277
Note
eBooks on EBSCOhost
Specific material designation
remote
System control number
(OCoLC)824672471
Label
A policy analysis of reserve retirement reform, Beth J. Asch, James Hosek, Michael G. Mattock
Publication
Bibliography note
Includes bibliographical references
Contents
Introduction -- Model, data, and estimates -- Analysis of congressional proposals -- Reserve retirement reform: discussion of broader issues -- Reserve retirement in the context of active-duty retirement reform -- Implementation and obstacles to reform -- Policy implications and conclusions -- Appendix A: The reserve and active-duty retirement systems -- Appendix B: The active/reserve dynamic retention model -- Appendix C: Cholesky decomposition and the parameter estimates -- Appendix D: Theory of successful reform
Control code
ocn824672471
Extent
1 online resource
Form of item
online
Isbn
9780833078124
Lccn
2013002277
Note
eBooks on EBSCOhost
Specific material designation
remote
System control number
(OCoLC)824672471

Library Locations

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